Nearly half of the respondents to an industry survey said they will reduce their Massachusetts real estate footprint in the next two years, adding pressure on the local commercial real estate market already hit with double-digit vacancies and record sublease listings.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
For its first industrial project in Greater Boston, Hines is targeting the last-mile distribution market with a 146,409-square-foot facility at 250 Marginal St. in Chelsea.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
The central Massachusetts office of University of Massachusetts President Marty Meehan is relocating after signing a lease at 50 Washington St. in Westborough.
If Massachusetts politicians want to take truly meaningful steps towards making the state more attractive and more livable, they should start beating feet towards efforts to expand pipelines into the building trades.
Office tenants have never had more options to choose from in Boston, and it’s continuing to widen the the chasm between the class A and B space.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s the latest edition of Banker & Tradesman’s Personnel File.
A Framingham office landlord’s investment in speculative suites and new amenities attracted leases from a German software company and biopharma firm.
Hundreds of millions of dollars of renovation and repositioning projects planned downtown could leave Boston’s best office towers stronger than ever despite office market upheaval.
After adding a hotel and restaurants to The District office park in Burlington, National Development proposes three life science buildings totaling 665,000 square feet to add momentum to the town’s growing lab market.
For too long, office design was about a kit of parts – matching desks, file cabinets, chairs – all easily rearranged on a dime. The advent of hybrid work changed all that.
A startup researching a vaccine to reduce methane emissions generated by cattle is expanding at Charlestown’s Hood Park.
With little competition from new luxury high-rises in downtown Boston and stable rent trends, the pending sale of the Sudbury could set another record for multifamily investment sales.
Real estate analysts have started to warn building owners that their property values will fall if they don’t wean themselves off fossil fuels. Now, Gov. Maura Healey is proposing a ‘green bank’ to do just that.
Shuttered hotels and skeleton-crew staffs are fading into distant memory as the Boston lodging market approaches a full financial recovery from the depths of their pandemic plunge.
As the Massachusetts leisure travel market recovers from its COVID slump, a Plymouth developer has acquired a 266-room hotel and resort in Hyannis.
A sale-leaseback of a single-tenant warehouse in Billerica yielded $14.5 million for seller Iron Mountain.
Greater Boston’s office market faces a year of reckoning in 2023 amid a wave of lease expirations and dwindling lab conversion activity, commercial real estate brokers predict.
Suburban Boston office landlords will head into the new year with more options to keep their properties generating income, while Boston and Cambridge owners face growing headwinds.
